Tag: Advantages

The Advantages of Entrepreneur Club

You have heard of card game clubs, sports club, press club etc. but, now there are Entrepreneur Clubs also which can solve the entrepreneurial problems. Popularly known as Entre Club, the club is actually a group of people who get together to implement and promote entrepreneurial practices in the respective areas.

Entre Club and its Functions:

Every entre club has some objectives. Some clubs aim at educating students about entrepreneurship and some provide financial aid to the students for participating in a competition. Whatever be the objectives these clubs follow, they are directly and indirectly involved in the promotion of entrepreneurial spirit.

Generally, an entre club performs following functions:

1. The participants share their ideas and problems with each other.

2. A club organizes events to strengthen the network.

3. It invites experts to answer to the queries of club members.

4. It aims at getting the right knowledge to solve a problem or investment issues.

5. It invests its time and money in problems and sells solutions for the same.

6. It doesn’t work as a committee or commission. But, it works as an individual who has an ample amount of freedom to exercise.

7. It works on its own evaluation level and takes decisions more swiftly.

8. It promotes commercial goods and services by pooling the knowledge of various experts.

9. It solves problems of all its group members and provides them with enough opportunities to work upon.

If you want to be an entrepreneur, you don’t need to have money but you must have an urge to earn money. You don’t need scholarly sense but you must have great ideas.

An entrepreneur must have right knowledge and above all a risk-taking attitude. He should have capability of converting few pennies into thousand dollars. An entre club uses the knowledge of all such entrepreneurs who have got skills, attitude and temperament to perform well.

As a small business owner, you must be a part of such clubs to get right kind of support to grow. You must share the problems and challenges you are facing and the ideas you are exploring. A group of opportunists in these clubs can act as mentors who can show you right path to follow and right strategies to implement.

A simple get together at entre club can actually come out as a great brainstorming session. And you never know where you get the great idea to invest. So, enter into an Entre Club and enjoy the benefits.

To know what kind of club is suitable for you and how it performs, you can consult market advisors or you can search over internet to learn about various entre clubs operating in your area.

Beginners’ Guide – Advantages and Disadvantages of Social Media

We all are beginners at some point. For the beginners the biggest challenge is to know the advantages and disadvantages of Social Media. Today we are going to talk about the Social Media – Advantages and Disadvantages. Many small business owners have not yet taken advantage of social media to help grow their business. It has become so vital for us to stay connected and convey the right message. To get the best out of this platform here are some tips and guidance for the beginners to know.

First of all some facts and figures of social media sites:

  • One in every nine people on earth is on Facebook
  • Twitter is adding nearly 500,000 users everyday
  • One in four Americans watches a video online everyday
  • During the second half of 2010, LinkedIn membership base grew, on average, by 1 million new members every ten days

Connect: Facebook helps you connect and share with people in your life. Just think what was your life before Facebook invented? Was it more relax, exiting, boring or challenging? In Facebook we can create a personal profile, add other users as friends & exchange messages. If we talk about LinkedIn, it gives us the opportunity to connect with professionals across the globe. Whether you are using it for personal growth or spreading your business. It also gives you the opportunity to connect with business minded people like you. If we talk about Twitter, it is simply amazing! Twitter is a real time information network that connects you to the latest stories, ideas what you find interesting. It gives you an opportunity to know what’s happening around the world in 140 characters long tweet!

Interact: With your connections Facebook gives you an opportunity to let people know about you. You can share your photos, stories and create fan page. As a business, Facebook pages are a good source of feedback on your product/services. In LinkedIn you can interact with professionals on one single platform. You can discuss business, resources, ideas, learning opportunities and lot more. In Twitter, tweets are text based posts of up to 140 characters displayed on the author’s profile page and delivered to the followers. On a personal level Twitters allows one to communicate with friends and families. On business level it connects your current & potential customers with your product & service.

Exchange: With the use of Facebook, we exchange joy, fun, sorrows, help and many more things at one place! Facebook slowly also being used like email. So this is one of the cost-effective ways to connected. With the use of LinkedIn we exchange professional expertise along with useful information which eventually enhances our professional brand. It also exchanges stronger business ideas with each other. On a business level, it helps us to exchange feedback, comments which eventually lead to increase business. On a personal level, it helps you in personal development. Twitter is a powerful tool for exchanging information and news as Twitter user often link to useful sites or articles & can be source of alternative news.

Disadvantages: As we discussed the Advantages of Social Media but we cannot ignore the Disadvantages just to be more secure on online platform.

Think about the viral potential of media. When news are negative and bad in taste, the same will happen with that brand. It is hard to undertake damage control when you are dealing with social media. Your name might get spoiled within hours. The best example is MacDonald’s Twitter promotion. According to Mail Online news article – Mac Fail! MacDonald’s Twitter promotion backfires as users highjack hash tag MacD stories to share fast food horror stories. Opponents accused the burger franchise of making customer vomit, serving pig meat from gestation crates and dishing up a burger containing a finger nail. Another disadvantage is to face threat from fake profile and ID. This is one of the biggest disadvantages of Facebook. People often use fake profile to insult or harassing someone. Students who are Facebook addicted do a bad result on his or her exams. One of the major risks of social networking and the Internet in general is breaches in privacy. These sites collect considerable amounts of personal information, with email addresses being one of the most collected pieces of personal data. Also these social networking sites possibly reduce persons’ compassion. You can check Twitter updates from your phone and send messages from anywhere. Social networking sites have the potential of having spreading negative or Anti-social messages. Amongst

As discussed above there are both Advantages and Disadvantages of Social Networking. One thing is clear; it is up to the person how he/she wants to get benefit from Social Media platform. In life we are often subjected to good and bad choices it is only we ourselves, who can decide what we want.

Exit mobile version